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down to the next 24 hours. one year of campaigning, $1 billion spent, mitt romney ever the optimist going up against the pessimist barack obama. i'm still picking romney and you'll hear my commentary later in the broadcast. >>> for the first time with just hours to go, pennsylvania now coming up in play. that is astounding for a state long thought to be in obama's hands. we have amassed all of the kudlow all-stars on both sides of the aisle to help us out for the next hour. >>> first up, the first polls close in 24 hours. that includes the critical battleground state of virginia. so how close will tomorrow be? or can we expect mitt romney or obama to pull off a sizable win? who knows. chief washington correspondent john harwin knows. >> everything we know suggests it's going to be chose. let me give you context for prediction of a romney victory. take the latest nbc/"wall street journal" poll. obama 48%, romney photography%, can't get any closer than that, well wind the margin of error. then go to the battleground states. we've got three late battle ground state polls. first of all
story this evening, four days before election day. and the race between president obama and mitt romney could not be any tighter. >> four more days! four more days! >> all right. the president today telling his liberal supporters that the mere mention of governor romney to exact revenge. >> no, no, no. don't boo. vote. vote. voting's the best revenge. >>> and thank you, again, vice president joe biden, for yet another gift. >> there's never been a day in the last four years i've been proud to be his vice president. not one single day. not one single day. >>> and we ask a key question tonight. is hurricane sandy so much worse with the loss of life and incredible suffering covering a third of the country? is that going to put voters in an angry, frustrated and ugly place? so much so that it damages president obama's re-electionesre-electio re-electionest. >>> we begin tonight with breaking news. after a friday filled with fury, michael bloomberg gave into the criticism and canceled the ing new york city marathon scheduled for this sunday. let's go live to cnbc's brian shactman with the la
battleground state of wisconsin shows a dead heat. romney, obama, tied at 49%. so joining me now for an exclusive interview is governor scott walker, republican from wisconsin. governor walker, as always, sir, welcome back to the "kudlow report." we appreciate it. they're tied at 49% which is something of a surprise. the republicans strnts taken the state of wisconsin in a presidential election since 1492. so how does it look, how do you see it right now? >> well, i was out in green bay, wisconsin nearby where the president was today. i've been all over the state the last couple days. momentum is clearly on our side. and you expect that out of somebody advocating for candidates, but i've really seen it. we made 4.5 million voter contacts leading up to the june 5th election. we won by a bigger mar begin than we did in 2010. and that basis of support hasn't let up, that converted over to mitt romney, it got inspired when paul ryan was added to the ticket. but most importantly, the day after mitt romney had that impressive first debate in denver, we saw the phone lines lit up, we sa
these things are characterized. many times. you know, in the debate between mitt romney and barack obama, obama laid out this notion that somehow romney was not in favor of any more revenues and romney debunked that and said, look, we're in favor of revenues, and i think he was largely speaking for the republican party at that point. we're in favor of more revenues. the ryan budget, for example, had revenue assumptions in it. so i think what's got to happen is that both sides have to let the other team take a victory lap. let republicans come into this debate where we keep tax rates low and reasonable and predictable and drive toward tax reform next year. democrats can come into the debate and claim a victory and say, well, we're interested in more revenues. the key is, can we get to these underlying situations and that is entitlement reform. that's where the action is. >> okay. but how realistic is it to postpone or extend everything for a year? as i understand it, this was in the "wall street journal" editorial page this morning and i've heard this elsewhere, that mr. boehner would like to ju
romney's plan. he lost the election but might his ideas win out in the end? plus obamacare, continues to take it's toll on jobs. and one ceo's comments about it's plan are spurring a national movement to eat pizza. 48 days until the biggest tax hike in the history of the planet earth. president obama put labor and local interest groups to who knows what. senate minority leader had the perfect response on the senate floor today please take a lis ebb. >> the amount of revenue that they are prepared to put usual over the cliff over wouldn't fund the government for one week. so why in the world would we want to do that? what is the point? to make people feel good about whacking somebody else. >> so what is your answer to what mitch mcconnel said? go after rich people. why do it at all? >> it is good to be with you. i think that the minority leader seems to have a math problem. ending the tax cuts for the rich is worth $1 trillion. i think our government spends a little less than $1 trillion. most people think it is $800 billion. this is a ten-year number. you are $80 billion a year. and t
. had romney won each of those states, that's 315 electoral votes. they have to modernize. it's not a case of for or against illegal immigration. it's about straightening out this mess. romney the efficiency expert could have straight thaend out, created an orderly system where we take people in, people don't have to hide in the shadows and people can be put to work and get some sort of documentation. that's what they need to do. >> igor, let me go to you. let me go back to the economic message. romney tried to run as a free enterpriser but he didn't talk about supply side tax cuts much with the exception of the first debate, which he won nicely, and that i thought was his single best defense of free market capitalism and lower taxes and lower spending. but i think barack obama was pretty clever. he basically said blame george w. bush, which the exit polls said people did, and the economy, give me more time. romney won the economic issues, igor, but he didn't win it by that much. so i don't think the republicans got their message out. >> larry, i don't think he won the economi
. ♪ >>> welcome back. misbegotten hard-line stance was the key reason for mitt romney's defeat. unless the republican party has a radical change on immigration policy, they may never be another republican presidential win in my lifetime. ing in fact, even the reddest of states like texas could turn blue according to senator-elect ted cruz. another nail in the gop coffin. joining us to talk about all of this, republican media baron christopher ready. president and ceo, chris, great to see you. i want to start, if you don't mind, start on the immigration blunder which romney made -- right at the beginning and i know you were all over this. and -- it seems to me if would don't figure out something, path to citizenship, different rhetoric, different selling points, more outreach, gops will be dead in the water for as far as the eye can see. >> we face a demographic time bomb. we already are seeing it in this election. and i think with ted the article in "the new yorker" you mentioned, where he was quoted the years ahead will be very ominous for republicans unless we change. i think this el
of cyprus semiconductor will talk to us. >>> and a romney voter writes to obama asking for bipartisan progress and is shocked when the president reads his lel at yesterday's press conference. that letter writer is going to join us here live. don't forget, folks, as always, free market capitalism, it's the best way to prosperity. i'm kudlow. "the kudlow report" is coming right back. [ female announcer ] want to spend less and retire with more? then don't get nickle and dimed by high cost investments and annoying account fees. at e-trade, our free easy-to-use online tools and experienced retirement specialists can help you build a personalized plan. and with our no annual fee iras and a wide range of low cost investments, you can execute the plan you want at a low cost. so meet with us, or go to etrade.com for a great retirement plan with low cost investments. ♪ >>> the stock market selloff continues with the dow, nasdaq and s&p all down more than 5% since president obama's reelection with a looming fear of a stalemated fiscal cliff that might lead to recession, now inexplicably presi
it looked like romney might win, he said there's going to be in reaching across the aisle. that's what harry reid said. >> i assumed all along that congress, in its wisdom, cannot be so stupid as to let all the tax cuts expire on december 31st. they cannot be so stupid. it's just not possible, republicans and democrats. but i think what you're seeing now and what you saw today is an expected fight between boehner and obama and that all the tax cuts may expire at the end of the year where we will go into a double-dip recession. i don't believe it, but i'm worried about it. and the stock market doesn't lie. >> and not only that, larry, but also companies have actually been coming out the past couple of weeks saying they're going to lay off people. not just medical device companies like striker which have said that, but an auto parts maker like dana holdings, microsoft has come out and said that. you're going to see the stock market forcing some sort of a deal if it keeps falling. the unemployment number rising could also force a deal. >> i like that, though. in some bizarre sense, if stocks so
iraq for the next 20 years. he won a mandate not to be romney. he did not win a mandate not to raise taxes and fix the economy. >> john boehner says we can cap deductions, probably produce $400 billion coming up pretty fast. no change in tax rates. so it is not a flat tax reform but no increase in marginal tax rates. can you and your pledge, with the pledge be okay with the bay nor plan to increase revenues by capping deductions? he has not endorsed raising taxes nor did he a year ago. if you eliminate deductions now, you have destroyed the opportunity for tarx reform a year ago. they are not available to reduce tax rates. >> so you are opposed to it. it is bad for the economy and it destroyed our effort to get tax reform down the road. >> i have talked to staff and remembers and they don't need to hear it from me, they know that lower marginal tax rates are necessary for growth and the only way to get the revenue to pay down obama's debt. >> help me out, in effect, is the plan to put a cap on deductions, does his plan break the americans for tax reform no-tax pledge? >> to be clear.
this. i'm pretty confused about why the romney campaign didn't hit the obama care tax argument harder on the campaign trail because the supreme court ruled it a tax for good reason. it had gone through the numbers here on your show. this hit small businesses and in return hits the middle class, the very people that these small businesses employ, the people who will get hid the hardest, even though making $200,000 per year are the ones employing the middle class that president obama keep propping up to get his agenda passed. >> now we have this $20 million medical device tax. this has been around. i believe you write this will really crush medical innovation in the united states. >> right. i think this is one of the more severe tax thaeds we're going to see. essentially with this medical device tax, they're tacking on more costs to life saving devices such as mechanical hearts. it does the same thing as a doctor shortage. the students that go into these programs, myio medical engineering, are not going to see a return on their investment because it's going to be a too expensive for com
economics because that's what mitt romney ran on and it was soundly rejected and the tax structure was beneficial to the economy and the budget. >> let me ask you one question, do you think the president would go along without raising the tax rates on the four categories that larry mentioned? do you think he would agree to something that would not raise those rates? >> i think he's going to start where he should start which is what he ran on which is the expiration of the upper income cuts. where he ends up i'm not sure and that's the deal here. >> the other point that i want to raise here is you're not only talking about raising the capital gains tax rate and raising the dividend tax rate so the cost of investment goes up after the tax goes up and income taxes go up and you also have coming to obama care where you will have a surtax rate on higher incomes and capital agains all over again and dividends and when you get through with all of that, the dividend tax and the income tax be about 44%, 45%. and i don't think the dividend tax will go up that high. >> what do you think the e
Search Results 0 to 11 of about 12

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